The Federal Government of Nigeria has proposed a budget N19.76 trillion for 2023 with a projected deficit of N11.30 trillion. According to the Minister of Finance, Zainab Ahmed, the government projected the total revenue of N8.46 trillion, out of which N1.9 trillion is expected to come from oil related sources while the remaining is to come from […]
Access Holdings Plc trading as Access Corporation has announced that it has received full regulatory approval on its acquisition of majority equity stake in First Guarantee Pension Limited. Following this development, First Guarantee Pension Limited is now a subsidiary of the Corporation and will provide a strong spring board for the Corporation’s execution of its ecosystem strategy[…]
It was a bearish session on the floor of the Nigerian stock market on Monday as the All Share Index declined marginally by 0.01% to close at 49,676.75 points from the previous close of 49,682.15 points. The Market Capitalisation was down also by 0.01% to close at N26.794 trillion from the previous close of N26.797 trillion, thereby[…]